LATEST: 💰 BlackRock filed with the SEC to launch an iShares Bitcoin Premium Income ETF that will generate income by selling call options on IBIT shares, competing with NEOS's $1.09 billion BTCI fund.
BREAKING:
🇺🇸 U.S. Senate will vote on crypto market structure bill tomorrow.
If this Bill gets passed, it can reduce the manipulation in crypto by 70%.
$BTC has dropped below the $89,000 level.
This has started to look bad now for Bitcoin here.
If BTC doesn't reclaim the $90,000 level soon, I think a sweep of $85,000-$86,000 level could happen next.
⚡️ Ethereum just hit a record 2.89M daily transactions.
Price is down, on-chain metrics are up.
Long-term bullish on $ETH.
Always (DCA) accumulating on spot.
This is one hope for Altcoin holders.
Bitcoin dominance seems to be forming a bear flag here.
A daily close below the 58.5% level will bring a relief rally in alts.